Japan’s Nikkei Poised for 36% Quarterly Surge, Its Biggest Since 1965
Japan’s Nikkei 225 is on track for a 36% gain over the past three months, the sharpest quarterly…
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Japanese Yen Sinks to 162.27, Its Weakest Since 1986, Reviving Intervention Bets
The Japanese yen collapsed to 162.27 per U.S. dollar on June 30, its weakest level since 1986, intensifying…
Bolivia Abandons Fixed Exchange Rate Scheme After 15 Years, Adopting a Floating Dollar System
Bolivia’s Economy Ministry recognized that the current regime had failed, as the country’s oil exports had been reduced…
Bank of America: Fed’s Inflation Problem ‘Unambiguously Worse’ as It Forecasts 3 Rate Hikes in 2026
Bank of America now expects the Federal Reserve to raise interest rates three times in 2026, reversing its…
China Trims US Treasury Holdings to $651.1 Billion, Hitting an 18-Year Low
According to official data from the U.S. Treasury Department, China’s stash of treasuries fell to $651.1 billion in…
Iran Moves to Close the Strait of Hormuz as Tensions Erupt Over Broken Ceasefire Deal
The measure, announced by the Khatam al-Anbiya Central Headquarters, was taken in response to violations by the U.S.…
Cuba Passes 176 Historic Reforms to Open Its Economy to Private Banks and Real Estate
The Cuban National Assembly passed a set of reforms that would open the Cuban system to private investment…
Switzerland Rejects Controversial 10 Million Population Cap in Historic Referendum
Early projections indicate that a majority of voters rejected the so-called sustainability proposal, which aimed to establish a…
The End of SWIFT’s Monopoly? China Tees up Commercial Launch of Rival Digital Network
Mbridge, now under Chinese leadership, would be preparing a commercial rollout with a Hong Kong-based entity to promote…
Bank of China Survey Reveals 95% of Overseas Businesses Will Sustain or Increase Yuan Use
The survey shows that the Chinese government’s internationalization campaign of the yuan, pushed by President Xi himself, is…